All posts by Colin Robertson
Economic Opportunity Mortgage Review
It’s time for another mortgage review, this time the “Economic Opportunity Mortgage” from Union Bank. First things first, this mortgage is only available for residents of California, Oregon, and Washington. Additionally, it’s geared toward low- and moderate-income households, so it’s ... Read More »
Mortgage vs. Income
It’s been a while since I’ve done a mortgage match-up, so let’s look at the age old question, “mortgage vs. income.” Consider the Entire Housing Payment When determining how much house you can afford, you need to take into account ... Read More »
Bank of America’s Mortgage to Lease Program
About a week ago, Bank of America released details of its so-called “Mortgage to Lease” program, which as the name implies, allows homeowners to lease the homes they previously mortgaged. So let’s take a closer look to see just what ... Read More »
What is a Streamline Refinance?
Mortgage Q&A: “What is a streamline refinance?” While qualifying for a mortgage refinance is generally a lot harder than it has been in the past (now that lenders actually care how your mortgage performs), there are less cumbersome options available. ... Read More »
CapWest Mortgage Review
Every once in a while, I’ll take a look at a specific mortgage lender or product to determine the good, the bad, and the ugly. Today we’ll take a look at a mortgage lender named “CapWest Mortgage,” which is one ... Read More »
Mortgage Rates Are On the Rise: Should You Panic?
So the inevitable happened. Mortgage rates ticked up from their record lows, and the popular 30-year fixed has now drifted above four percent. Gasp! Does this mean we should stock up on water, dry goods and ammo, and crawl into ... Read More »
The Refinance Rule of Thumb
If you’re considering refinancing your mortgage, you may have searched for the “refinance rule of thumb” to help you make your decision. Of course, there isn’t a single refinance rule of thumb. One popular one is that you should only ... Read More »
CashCall Mortgage: Same APR and Mortgage Rate
So I listen to the radio here and there, and even though I only listen occasionally, I still tend to get bombarded with mortgage advertisements. The latest was from a southern California based company named CashCall, which I believe started ... Read More »
Obama Slashes Costs for FHA Streamline Refinances to Boost Market
In another effort to buoy the flagging housing market, the Obama administration announced today that it would essentially be removing the upfront mortgage insurance premium on streamlined FHA refinances. So homeowners who currently hold an FHA loan, looking to refinance ... Read More »
